NOT LISTED FOR SALE

517 N Edgelawn Dr Unit 519 Aurora, IL 60506

Edgelawn Randall Neighborhood

Estimated Value: $321,614 - $360,000

4 Beds
2 Baths
-- Sq Ft
9,365 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $275,000

Est. 22% increase in value since last sale

Current estimated payment $2,458/month

16 Days on Market

About This Home

As of March 2022

PERFECT RENTAL LOCATION. HIGH STREET SIGNAGE.GOOD NEIGHBORHOOD. CLOSE TO WEST PLAZA, CHURCHES, TOLLWAY ACCESS. EASY, PLENTIFUL PARKING. ALL BRICK. 517 FULLY REHABBED. 519 NOT DONE SINCE NIXON. DRIVEWAY EASEMENT. LONG TERM EXCELLENT TENANTS MONTH-TO- MONTH. SELLER WILL PAY SOME POINTS AT FULL PRICE. SELLER FIRM ON PRICE. REALTOR INTEREST.

Last Agent to Sell the Property

Dennis Malmgren

RE/MAX Town & Country License #475144304 Listed on: 01/22/2022

Last Buyer's Agent

Ray Garcia

Keller Williams Innovate License #475154811

Keller Williams Innovate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,859

Year Built

  • Built in 1963 | Remodeled in 2015

Lot Details

  • 9,365

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms
  • Shower Body Spray

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Two Heating Systems
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 75x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,859

Year Built

Built in 1963 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator
  • MRD_AP2: Stove,Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Bathroom Amenities: Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 259519
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Sep Heating Systems - 2+
  • Water Source: Public

Schools

  • Middle/Junior School District: 129

Lot Info

  • Lot Dimensions: 75X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6858.6
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 14, 2022
Sold by
Banbury John C
Bought by
Flores Emiliano
Seller's Agent
Dennis Malmgren
RE/MAX Town & Country
Buyer's Agent
Ray Garcia
Keller Williams Innovate
Sold Price
$275,000
Current Estimated Value
$336,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,654
Avg. Annual Appreciation
6.15%
Original Mortgage
$206,250
Outstanding Balance
$193,392
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$143,262

Purchase Details

Closed on
Jan 21, 1999
Sold by
Malmgren Dennis M and Banbury John C
Bought by
Malmgren Dennis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Malmgren Dennis M
Bought by
The Boulder Hill Partnership
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flores Emiliano $275,000 First American Title
Malmgren Dennis M -- --
The Boulder Hill Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Emiliano $206,250
Closed Flores Emiliano $206,250
Previous Owner Banbury John C $65,000
Previous Owner Malmgren Dennis M $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $275,000 0.0% --
02/08/2022 02/08/22 Pending -- -- --
02/08/2022 02/08/22 For Sale -- -- --
02/07/2022 02/07/22 Off Market $275,000 -- --
01/22/2022 01/22/22 For Sale $259,519 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,381 $93,216 $12,487 $80,729
2023 $7,134 $83,288 $11,157 $72,131
2022 $7,499 $84,719 $10,180 $74,539
2021 $7,206 $78,875 $9,478 $69,397
2020 $6,859 $73,263 $8,804 $64,459
2019 $7,111 $72,724 $8,157 $64,567
2018 $5,990 $60,000 $7,545 $52,455
2017 $6,248 $60,711 $6,952 $53,759
2016 $5,694 $53,594 $5,959 $47,635
2015 -- $45,516 $5,124 $40,392
2014 -- $42,218 $4,709 $37,509
2013 -- $42,937 $4,642 $38,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11309427

Midwest Real Estate Data (MRED)

APN: 15-17-352-003